Ahren Lester

Articles by Ahren Lester

  • SUSI Partners raises €289m at energy efficiency fund close

    18 May 2020

    Swiss asset manager SUSI Partners secured €289 million ($313 million) in investor commitments on the final close of its second energy efficiency fund, slightly short of its target following the economic turmoil wrought by the coronavirus (Covid-19) crisis.

  • Green investor group hails Equinor climate resolution progress

    15 May 2020

    Support for a shareholder resolution demanding Norwegian oil company Equinor to set carbon intensity targets more than doubled, but majority owner, the state of Norway, kiboshed the proposal.

  • Deutsche Bank sets 'ambitious' sustainability targets

    15 May 2020

    Deutsche Bank outlined targets which will see the German lender boost sustainability assets to over €200 billion ($217 billion) by 2025 and issue its first green bond.

  • Nasdaq launches ESG impact tracking tool

    14 May 2020

    Nasdaq has launched a tool to help clients track the environmental, social and governance (ESG) impact of their portfolios and individual investments.

  • Pension funds must do more to push for low-carbon transition, says Lord Deben

    14 May 2020

    The chair of the influential UK Committee on Climate Change (CCC) said the financial sector is beginning to take environmental concerns more seriously, but more has to be done.

  • Corporate sustainable deposits top $2bn at Standard Chartered

    13 May 2020

    Asia-focused bank Standard Chartered announced its corporate sustainable deposit product crossed the $2 billion mark only a year after being launched, helped by a "significant" deposit from EDF.

  • Norwegian oil fund exits stakes in 12 firms on ESG concerns

    13 May 2020

    The giant Norwegian oil fund has excluded a dozen companies from investment due to environmental, social, and governance (ESG) concerns, including mining giants such as Anglo American, Glencore and Vale in which it was a major shareholder.

  • European oil majors climate pledge disappointment continues

    13 May 2020

    Despite progress from European oil majors in strengthening their climate ambitions, analysis by the Transition Pathway Initiative (TPI) concluded that none are yet on the path to net-zero emissions.

  • GIG and RIDG partner for Scottish offshore wind bid

    12 May 2020

    The Green Investment Group (GIG) and Renewable Infrastructure Development Group (RIDG) have announced they will partner to bid in the forthcoming offshore wind leasing round in Scotland.

  • Oil majors accused of using CA100+ as 'fig leaf' to disguise inaction

    11 May 2020

    Oil supermajors have been accused of using joint statements with investor initiative Climate Action 100+ (CA100+) as a means to disguise limited action on emissions reductions.